UBS CEO quits over trading loss
Oswald Gruebel resigned on Saturday as chief executive of troubled Swiss bank UBS, saying he took the blame for the $2.3 billion loss run up in alleged rogue trading in its investment banking division. The…
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UBS trader charged with fraud in London
Man alleged to have lost bank $2bn in unauthorised trading appears in UK court charged with fraud and false accounting. A UBS trader who is alleged to have lost $2bn in unauthorised trading at Swiss bank…
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